1-oz Gold South-African Krugerrand

Description

Investment choices are broadening for people around the world and in particular, for people who are keen to invest in gold assets. With an allocated gold account, a wide range of precious metals can be used to diversify a savings portfolio and increase investor appeal. If you have been thinking about including shiny yellow metal products in your individual retirement account (IRA), why not acquire the South African Gold Krugerrand from a broker? This modern gold bullion is considered to be one of the most popular in the world, and for good reason. First introduced in 1967, it has achieved worldwide success and accounts for approximately 90 percent of the gold bullion available in today’s market. Perfect for experienced and new investors, these products come with a certificate of authenticity.

A Bit of History about the Gold Krugerrand

The idea for the Gold Krugerrand stems from South Africa’s decision to help market their gold. Containing one troy ounce of fine gold, this bullion accounts for a huge portion of the market but sometime between the 1970s and 198s, circulation of the coin was forbidden in certain Western countries. The reason for this was because it was heavily linked to the apartheid government of South Africa. Production levels varied in the years that followed, with annual mintage reaching 40,000 from 1967-1969 and growing to 200,000 by the end of 1970. When the apartheid came to an end, mintage reduced, but they soon crept back up in 1998.

Why invest in the Gold Krugerrand?

Portfolio diversification is the obvious reason to invest in the Gold Krugerrand, but there are many other reasons why investors are flocking to brokers to acquire these dazzling gold products. As one of the most famous gold coins, these coins appeal to many. Easy to verify, the coins can be sold on without hassle, making them an extremely liquid investment. Since the name “Krugerrand” is a registered trademark, investor appeal is pretty much guaranteed with these precious metal investments.

More information about the gold krugerrand can be found on the Goldco website, as well as information regarding gold IRA account set-up.

Additional information

Weight

1 oz

Dimensions

32.8 x 2.84 mm

Purity

0.9167

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About Us

Based in Woodland Hills, California, Goldco Precious Metals was founded by Trevor Gerszt in 2006. He wanted to help clients looking to add precious metals to their IRAs.

Precious metals are widely acknowledged by investors as a hedge against runaway government spending and excessive money printing by the Federal Reserve. For years, the experts at Goldco Precious Metals have helped investors take advantage their ability to hold gold and other precious metals in their retirement accounts, in strict compliance with IRS code. Exchanging stocks and bonds for physical precious metals like gold and silver is easy with Goldco's IRA experts guiding you.... View More

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There is no assurance that commodities, i.e. precious metals, will achieve their objectives. Return and principal value will fluctuate and your portfolio, when redeemed, may be worth more or less than the original cost. No statement, presentation, article, or any other communication available in this material is to be construed as a recommendation to purchase or sell a security or service, or to provide investment, legal, accounting or tax advice. Client should carefully read sales literature prospectuses, and/or other offering documents, when available, before making purchases. They should carefully consider all risks and/or considerations contained in the documents. Clients should understand that all purchases have some degree of risk. If seeking advice, clients are responsible for providing accurate information about their financial status, goals, and risk tolerance to ensure that appropriate recommendations are provided. Client should promptly notify their Account Executive whenever there are significant changes to their portfolio objectives, risk tolerance, income, net worth or liquidity needs. Client should make certain that they understand the correlation between risk and return. Clients should consult an attorney or tax advisor for specific tax or legal advice. Commodities involve risk and are not suitable for all investors.